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Oracle Closes Down 8%+ after Reported Issues of USD10B Bonds and Raising of USD10B via Share Placement at 11% Discount
03 Nov 2026 08:53
Oracle Corporation (ORCL.US) plans to sell shares worth a total of USD10 billion at a price of USD116 per share, representing a discount of about 11% to last Friday's (October 30) closing price of USD130.67,
Bloomberg, citing sources, reported.

Prior to the share offering, Oracle issued USD10 billion of bonds on Monday (November 2), with maturities ranging from 3 to 20 years.

On the news, shares of Oracle closed down 8.76% at USD119.22.
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